Sold
20983 OAK TREE DRIVE Drive, South Lyon, MI 48178
Sold on 10/27/2023 for$545,000
MLS # 20230066743 (Realcomp)
5 beds3 baths3,100 sqftBuilt 20120.45 acres
1 / 60
Listing Description
Welcome to 20983 Oak Tree Drive! This charming 5 bedroom, 2.1 bath colonial is located in Park Woods Subdivision and has everything you are looking for… Built in 2012, updates inside and out, this home is move-in ready. Newly re-finished hardwood floors throughout the first floor, updated kitchen that features quartz countertops, stainless steel appliances & counter seating. A large family room with an updated fireplace, extra living room, first-floor laundry, and remolded half bath completes the first floor. The second floor includes 4 bedrooms with hardwood floors, large master bedroom with a walk-in closet, and an en-suite with a soaker tub and shower. The finished custom basement allows space for extra living & entertaining and includes the 5th bedroom. Walk out onto your new deck and gazebo that leads to your backyard oasis. The large yard is perfect for entertaining family and friends. Take a dip in the in-ground heated swimming pool (new liner & pump), and enjoy a fire and s’mores with friends around the fire pit.
Source: SparkMLS
About this home
5-bedroom, 3-bath, 3,100 sq ft home in Park Woods in South Lyon built in 2012.
This home sold for $545,000 (about $176/sq ft).
Estimated annual property tax: $8,696, or about $725 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms5
Bathrooms3
Living Area3,100 sqft
Lot Size0.45 acres
Year Built2012
Stories2
Location
CitySouth Lyon
MunicipalityLyon Twp
Zip Code48178
CountyOakland
School DistrictSouth Lyon
Construction & Systems
ConstructionBrick, Vinyl Siding
Garage2 spaces
HeatingForced Air
WaterWell
SewerSeptic Tank
InteriorBasement Finished
Sale & Financing
Listed8/13/2023
Sold Date10/26/2023
Original Price$579,000
Terms AcceptedCash, Conventional
HOA
HOA Fee$450 / Annually
Source: SparkMLS
Tax Information
Annual Tax$5,027
State Equalized Value$274,780
Taxable Value$274,780
Parcel #2132402009
Source: Public Records
Legal Description
T1N, R7E, SEC 32 PARK WOODS #3 LOT 101 5-7-03 FR 300-017
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Cynthia Monzon
Clients First, REALTORS®
Frequently Asked Questions about 20983 OAK TREE DRIVE Drive, South Lyon, MI 48178
Which school district serves 20983 OAK TREE DRIVE Drive, South Lyon, MI 48178?
Per MLS# 20230066743, 20983 OAK TREE DRIVE Drive, South Lyon, MI 48178 is in the South Lyon boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact South Lyon directly to confirm enrollment eligibility.
What financing options are available for 20983 OAK TREE DRIVE Drive, South Lyon, MI 48178?
Per MLS# 20230066743, this listing accepts Cash, Conventional financing. Financing acceptance is subject to change — confirm with the listing agent.
What are the property taxes at 20983 OAK TREE DRIVE Drive, South Lyon, MI 48178?
Per public tax records, annual property taxes for this property are $5,027. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 20983 OAK TREE DRIVE Drive, South Lyon, MI 48178 is in an eligible area. USDA RD loans offer 0% down payment for qualified buyers. Verify current eligibility at the USDA eligibility site, as boundaries are updated periodically.
Is 20983 OAK TREE DRIVE Drive, South Lyon, MI 48178 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 20983 OAK TREE DRIVE Drive, South Lyon, MI 48178?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Septic Tank. Water: Well. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Oakland County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$8,696
Monthly$725
Millage rate31.6481 mills
Municipality: CHARTER TOWNSHIP OF LYON
School district: SOUTH LYON COMMUNITY SCHOOLS
County: Oakland
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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Monthly payment$4,427
Principal & interest$3,665
Property taxes$725
HOA$38
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
20983 OAK TREE DRIVE Drive, South Lyon, MI 48178
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Neighborhood
Park Woods
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Community
South Lyon
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County
Washtenaw County
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